Walkable Cities Rake In the Dough, Study Says

Walkable Cities Rake In the Dough, Study Says

A new study initiated by Smart Growth America says that creating dense, walkable development gives cities a fatter wallet.

In Washington, D.C., cited as the most walkable U.S. city, the most walkable parts take up less than one percent of the area but contain almost half of the city's top wealth-generating square footage.

Smart Growth America says that while urban areas can contain drivable communities and outer areas can encourage walking, a community with good walkability will still feature "high density, a mix of real estate uses, multiple transportation options, and the ability to serve the daily needs of residents largely on foot," according to Gizmodo.com writer Alissa Walker.